How Do I Trade Cryptocurrencies?

You can start by looking at some of the reputable exchanges on CoinMarketCap currently trading the cryptocurrency that you want to buy or sell. It’s important to look at each exchange’s order book for each cryptocurrency to get a better sense of how likely it is that your trade will execute in an efficient manner.

Get your account set up on the exchanges, and go through the Know Your Customer (KYC) processes. This is especially stringent on exchanges that allow you to buy using fiat money as they will be more closely watched by regulators for Anti-Money Laundering (AML) compliance.

Once you have passed that stage, you will be able to start buying and selling cryptocurrencies on the exchange. Be sure to set up orders, and make sure you understand the risks of margin trading and leverage before you attempt to use them.

You can also spend some time reading up on technical analysis of charts to find some useful indicators that will help you to identify patterns while trading.